Technical analysis

Dow Jones Industrial Average Wave Analysis 11 March, 2021

Dow Jones Industrial Average Wave Analysis 11 March, 2021

• Dow Jones broke key resistance level 32100.00

• Likely to rise to resistance level 33000.00

Dow Jones Industrial Average Index recently broke through the pivotal resistance level 32100.00 (which stopped the previous impulse wave 1 at the end of February).

The breakout of the resistance level 32100.00 accelerated the active different length upward impulse waves 3 and (3).

Dow Jones Industrial Average Index is likely to rise further toward the next resistance level 33000.00 (likely price for the completion of the active impulse wave 3).

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